Cardinal Health (CAH) Buys Specialty Networks to Boost Workflow

Cardinal Health (CAH) recently announced its acquisition of Specialty Networks, a technology-enabled multi-specialty group purchasing and practice enhancement organization, for $1.2 billion in cash.This acquisition is likely to create a platform for the company’s expansion across specialty therapeutic areas, along with creating increased clinical and economic value for more than 11,500 specialty providers.Price PerformanceFor the past six months, CAH’s shares have gained 19.3% against the industry’s decline ...